Finally quit my J.O.B.! After 7 years of investing!
It’s been about 7 years since I read the life changing book “Cashflow Quadrant” by Robert Kiyosaki and after 14 amazing years, I quit my full-time job!
This post has been a long overdue. I have been meaning to post this on BP for so long. I thought, what is a better way to start the new decade on BP with this post being the first of the decade!
BP is the place where I started my journey about 5-6 years ago. I have bought and sold multiple properties through BP. One such property, I still own and made it to the "post of the week" on BP. You can check it out here if you are curious: https://www.biggerpockets.com/forums/223/topics/236786-how-we-made-5000-on-two-weekends-ie-4-nights-on-a-135k-condo
I had a high paying job in NYC that I quit after several years of investing in apartment complexes in my spare time. My first full day without a W2 job was on July 4th, 2019 (Independence Day). It just happened to pan out that way for my exit and never planned for it but I am glad it happened that way. Anyhow, I decided to turn my hobby and passion w/ real-estate into a full-time business to help others build wealth away from Wall-St. Going forward, I will be focusing my time on the following two things:
1) Syndications: Putting together investment opportunities for people to invest for the cashflow and have their money work for them.
2) Education: I launched a podcast to help high-paid professionals on personal finance.
I started with smaller properties in my local area. Slowly, I expanded into 5 different states with SFRs, duplexes, triplexes. It also included one airbnb rental. Then slowly over time I realized that even though this is so much fun and I was spending day and night on this stuff, it is not scalable. I went with the route of syndications. Since then, I have sold most of my portfolio.
It's been about 6 months since I left my FT job. I am so grateful for BP nation & real-estate. I owe it to BP for all the knowledge, relationships, investments and a community of like minded individuals. This has given me the ability to spend time the way I want. Thank you everyone who has helped me along this journey.
With Gratitude,
Pancham
Thats awesome! After I get financially free I want to work on syndication and scale a lot bigger than residential just like you did.
Thank you for the inspiration @Pancham G.
@Frank Lesowske
Thanks man. Good luck. It can be done!
@Pancham G. Truly inspiring, Congratulations!
@Sat Ram thank you.
Originally posted by @Pancham G.:It’s been about 7 years since I read the life changing book “Cashflow Quadrant” by Robert Kiyosaki and after 14 amazing years, I quit my full-time job!
This post has been a long overdue. I have been meaning to post this on BP for so long. I thought, what is a better way to start the new decade on BP with this post being the first of the decade!
BP is the place where I started my journey about 5-6 years ago. I have bought and sold multiple properties through BP. One such property, I still own and made it to the "post of the week" on BP. You can check it out here if you are curious: https://www.biggerpockets.com/forums/223/topics/236786-how-we-made-5000-on-two-weekends-ie-4-nights-on-a-135k-condo
I had a high paying job in NYC that I quit after several years of investing in apartment complexes in my spare time. My first full day without a W2 job was on July 4th, 2019 (Independence Day). It just happened to pan out that way for my exit and never planned for it but I am glad it happened that way. Anyhow, I decided to turn my hobby and passion w/ real-estate into a full-time business to help others build wealth away from Wall-St. Going forward, I will be focusing my time on the following two things:1) Syndications: Putting together investment opportunities for people to invest for the cashflow and have their money work for them.
2) Education: I launched a podcast to help high-paid professionals on personal finance.
I started with smaller properties in my local area. Slowly, I expanded into 5 different states with SFRs, duplexes, triplexes. It also included one airbnb rental. Then slowly over time I realized that even though this is so much fun and I was spending day and night on this stuff, it is not scalable. I went with the route of syndications. Since then, I have sold most of my portfolio.
It's been about 6 months since I left my FT job. I am so grateful for BP nation & real-estate. I owe it to BP for all the knowledge, relationships, investments and a community of like minded individuals. This has given me the ability to spend time the way I want. Thank you everyone who has helped me along this journey.With Gratitude,
Pancham
It feels good doesn't it. Congratulations my friend.
Thanks @Account Closed. Absolutely! It does.
well done, inspiring others to follow
Congrats on your accomplishment @Pancham G. Not everybody understands that while real estate is a fairly easy way to get rich its not usually a get rich quick road. Most investors want to do it with no money down and in a 24 month period of time. Great that you stuck with it and worked your way out of a J.O.B! If you are looking for equity plays out in the Pacific Northwest drop me a line.
Thanks @Shannon Robnett! Definitely not a get rich quick scheme :)